XML 31 R21.htm IDEA: XBRL DOCUMENT
v3.26.1

Note 15 - Other Income (Expense), Net | 3 Months Ended
--- | ---
Mar. 31, 2026
Notes to Financial Statements |
Other Income and Other Expense Disclosure [Text Block] | Note 15. Other Income (Expense), Net
|  | Three Months Ended |
|  | March 31, |
|  | 2026 |  |  | 2025 |
Non-service cost components of pension and OPEB costs |  | $ | (1 | ) |  | $ | (2 | )
Government assistance |  |  |  |  |  |  | 2 |
Foreign exchange gain (loss) |  |  | 17 |  |  |  | (5 | )
Strategic transaction expenses |  |  | (1 | ) |  |  | (1 | )
Gain on sale of property, plant and equipment |  |  |  |  |  |  | 1 |
Electric vehicle program termination charges |  |  | (56 | ) |  |  |  |
Loss on divestiture of ownership interests |  |  | (8 | ) |  |  |  |
Transition services income |  |  | 10 |  |  |  |  |
Other, net |  |  | (1 | ) |  |  | 4 |
Other income (expense), net |  | $ | (40 | ) |  | $ | (1 | )
Foreign exchange gains and losses on cross-currency intercompany loan balances that are not of a long-term investment nature are included above. Foreign exchange gains and losses on intercompany loans that are permanently invested are reported in OCI. Strategic transaction expenses relate primarily to costs incurred in connection with acquisition and divestiture related activities, including costs to complete the transaction and post-closing integration costs, and other strategic initiatives. During the first quarter of 2026, we recorded $56 of charges, including impairment and loss on disposition of property, plant and equipment, associated with certain electric vehicle programs that were either cancelled by the customer or that have experienced a precipitous decline in program volumes. On January 1, 2026, we sold our Off-Highway business to Allison Transmission Holdings, Inc. (Allison). At closing, Dana entered into a transition services agreement and an engineering services agreement with Allison. Services to be provided by Dana under the transition services agreement include finance, information technology, human resources and certain other administrative services for periods up to 24 months. See Note 2 for additional information. On January 30, 2026, we sold our wholly-owned subsidiary Pi Innovo LLC, recognizing a $8 pre-tax loss on the transaction.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 720 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/720/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Topic 610 -Publisher FASB -URI https://asc.fasb.org/610/tableOfContent + Details
Name: | us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration